Outcome of Right Issue Committee Meeting dated 21st April 2026.
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Regal Entertainment & Consultants Ltd has approved the allotment of 58,36,990 Rights Equity Shares to eligible shareholders. The shares have a face value of ₹10 each and were issued at ₹14 per share (including ₹4 share premium). Following the allotment, the company's paid-up equity share capital increased from ₹3,07,21,000 (30,72,100 shares) to ₹8,90,90,900 (89,09,090 shares), representing a significant dilution of approximately 190% in total shares outstanding. The rights issue was conducted based on the Letter of Offer dated March 23, 2026, and the basis of allotment was finalized in consultation with BSE Limited. The company raised approximately ₹8.17 crore through this rights issue.
Existing shareholders face significant dilution as the total number of shares nearly tripled. The company has substantially increased its equity base, which could provide operational flexibility but may weigh on the stock price in the near term due to increased share supply.